The Business & Technology Network
Helping Business Interpret and Use Technology
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The U.S. Securities and Exchange Commission (SEC) is acknowledging crypto asset management firm Grayscale’s bid to create an exchange-traded fund (ETF) for the smart contract platform Solana (SOL). In a new thread on the social media platform X, Bloomberg ETF analyst James Seyffart says the SEC formally acknowledging the bid is noteworthy because the regulatory agency had previously rejected it...
A Chase Bank customer has reportedly been cut off for nine months after trying to cash a $65,000 check issued to him by the US government. Miami-based business owner Sean May says Chase Bank blocked him from accessing his funds due to suspicion of fraud, reports NBC-affiliate WFLA News. May says the lender abruptly froze his account despite the fact that the check came directly from the Internal...
One of the largest banks in the US denied customers access to their money for days and placed their lives in disarray as a result, according to a new class action lawsuit. Lead plaintiff Daniel Zepeda says that between January 15th and 18th this year, the McLean, Virginia-based lender “left thousands of banking customers unable to access their bank accounts, process payments, or receive direct...
A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP will soon print new all-time highs if one key condition is met. Pseudonymous analyst DonAlt tells his 646,600 followers on the social media platform X that XRP may soar past $3.40 if the altcoin can close the weekly chart in the green – above $2.59. “Close this weekly green and I’ll expect new ATHs (all-time...
Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle. In a new video, Pizzino tells his 348,000 YouTube subscribers that for the current cycle, most of the gains “have been had already.” According to the widely followed crypto analyst, the upside potential for Bitcoin (BTC) going forward is limited after recording gains of over 6x from the...
A closely followed crypto analyst is warning that the digital assets market may be heading lower if the correlation between crypto and stocks holds. In a new thread, crypto trader Justin Bennett tells his 115,900 followers on the social media platform X that the crypto market may correct deeper as stocks tumble. “If you use the stock market for clues about crypto (recommended), the S...
The CEO of Bitcoin (BTC) mining giant Marathon Digital, Fred Thiel, is leaning bullish on the flagship crypto asset, believing it can more than double its value before 2025 expires. In an interview on CNBC, Thiel says that Bitcoin could go up by over 100% from the current level before the end of the year. “I think there’s a general consensus that the price of Bitcoin will move up this year to...
HodlX Guest Post  Submit Your Post   The cryptocurrency market is once again in the spotlight as we witness a new bull run unfold. However, the cycle is evolving this time with unique characteristics that distinguish it from previous market upswings. From the emergence of Bitcoin ETFs to the surge of Solana-based memecoins, this bull run reflects a shift in investor behavior, regulatory sentiment...
New numbers show retail investors bought billions of dollars in equity funds last week, as fears over the Chinese AI app DeepSeek triggered major market volatility. Data from Emerging Portfolio Fund Research (EPFR), Haver Analytics and Deutsche Bank shows traders specifically poured $6.5 billion in US technology sector funds in just seven days. Adam Kobeissi, founder and editor-in-chief of The...
The world’s second-largest crypto exchange by trading volume is re-entering the Indian market after securing mandatory registration with regulators and paying a $1 million fine. Last month, Dubai-based exchange Bybit announced a temporary suspension in India, preventing users in the country from opening trades or accessing products on its platform and only allowing withdrawal transactions. The...